Which Is an Example of a Liability

question 55

Multiple Choice

Which is an example of a liability?

• A)The decision to borrow $150,000 from the ABC Bank on January 15, 2019.
• B)Withdrawing $10,000 from the operating line of credit on January 15, 2019.
• C)Selecting the supplier to provide the raw materials for the manufacturing process.
• D)Choosing the site for a future plant expansion from a list of several possible choices.

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Definitions:

Standard Argument

Typically a commonly accepted reasoning or line of thought regarding a particular topic or issue.

Torture

The act of causing severe physical pain as a form of punishment or as a tool to extract information or for sheer cruelty.

Policy

A deliberate system of principles to guide decisions and achieve rational outcomes.

Italy

A country located in southern Europe, known for its rich history, culture, and influential art, cuisine, and architecture.